Southeastern Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 35,008,673 | 35,008,673 | 0 | 14.5 | 3% |
| 2021 | 40,665,061 | 40,665,061 | 0 | 13.0 | 3% |
| 2022 | 46,140,293 | 46,140,293 | 0 | 12.0 | 3% |
| 2023 | 42,899,403 | 42,899,403 | 0 | 13.9 | 3% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 13.9 months of spending. Staff pay was 3% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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